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Making Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830

Between 1660 and 1830, Parliament passed thousands of acts restructuring rights to real and equitable estates. These estate acts enabled individuals and families to sell, mortgage, lease, exchange, and improve land previously bound by inheritance rules and other legal legacies. The loosening of these legal constraints facilitated the reallocation of land and resources towards higher-value uses. Data reveals correlations between estate acts, urbanization, and economic development during the decades surrounding the Industrial Revolution.
Year of publication:
2008-06
Authors: Bogart, Dan ; Richardson, Gary
Institutions: National Bureau of Economic Research (NBER)
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
DAE LE POL published as Bogart, Dan & Richardson, Gary, 2009. "Making property productive: reorganizing rights to real and equitable estates in Britain, 1660?1830," European Review of Economic History, Cambridge University Press, vol. 13(01), pages 3-30, April. Number 14107
Classification: D02 - Institutions: Design, Formation, and Operations ; D61 - Allocative Efficiency; Cost-Benefit Analysis ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D86 - Economics of Contract: Theory ; K0 - Law and Economics. General ; K11 - Property Law ; N0 - Economic History. General ; N43 - Europe: Pre-1913 ; N93 - Europe: Pre-1913 ; O12 - Microeconomic Analyses of Economic Development ; P48 - Legal Institutions; Property Rights ; R12 - Size and Spatial Distributions of Regional Economic Activity ; R14 - Land Use Patterns
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Persistent link: https://www.econbiz.de/10005830552
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